The cryptocurrency market has struggled over the last year to provide investors with good returns. Despite the recent bear market there are still opportunities to make big gains in the right projects with Chronoly.io (CRNO) and Chilliz (CHZ) being two that offer promise. Chilliz is a platform for sports and entertainment fan tokens, while Chronoly provides asset-backed investing in luxury watches. Both projects operate in a niche area of the crypto investing market and we discuss how they can provide 50x returns in the years ahead.
Chilliz (CHZ) Moves to NFT Memoribilia
Chilliz (CHZ) is the native token of the Socios ecosystem where fans can interact with their favourite sports teams and other entertainers. Chilliz is now rolling out another feature in the form of sports moments and memorabilia NFTs. A recent soccer match between AC Milan and AS Roma allowed fans to purchase special commemorative NFTs in the form of video highlights through the ACM fan token. Chilliz has also been added to the Bitpanda exchange with access to 3.5 million traders on the platform.
Chiliz confirmed the listings of some of its soccer fan tokens via Twitter. Some of the listed tokens are CITY, BAR, ATM, PSG, and JUV. These tokens are minted on the Chilliz network and are the official fan tokens of the likes of Barcelona and Paris St Germain. The addition of NFTs will open up a new revenue stream that can be rolled out across each fan token for every match and that could be big business. Chilliz has since expanded from soccer to include entertainment names such as the UFC fighting tournaments. The CHZ token can increase strongly as the ecosystem grows and users seek access to the fan engagement platforms.
Chronoly.io Brings Asset-Backed Digital Investing
The Chronoly.io project is also operating in a niche area by providing a marketplace for investment in NFTs that are backed by luxury watches. This will provide a bridge between old and new investment worlds for investors who like to diversify their portfolio into digital assets that are backed by real-world items. These NFTs will be broken into fractions allowing investors to buy the assets for as low as $10.
Chronoly.io provides a modern and intuitive blockchain marketplace that allows investors to set stop and limit orders so they can wait patiently for the right price. There is also historical and real-time price data so that investors can make better decisions on the luxury watch market. Investors have recently shunned cryptocurrency for safe investments but the Chronoly (CRNO) project brings that opportunity into the digital age. NFTs are a core feature once more as the watches are held in safe storage and fully insured.
In the Chronoly.io roadmap, the project has earmarked a move into the metaverse in the future with its own Chronoverse offering. That could involve partnerships with luxury watch brands and analysts see the potential for big gains once the project is well-known.
The marketplace’s native token, Chronoly (CRNO), currently trades at $0.066 after starting at $0.01 in the presale and investors should look to get involved during phase 2 before it’s too late. Experts expect the price to rise over 4000% once the token releases officially.
For more information about Chronoly.io Presale:
Website: https://chronoly.io/
Presale: https://presale.chronoly.io/register
Telegram: https://t.me/Chronolyio
Twitter: https://twitter.com/Chronolyio
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